nex group
June 28, 2017 BY LeapRate Staff

NEX Optimisation’s triReduce compression service hits quadrillion dollar milestone in notional principal eliminated

London based NEX Group PLC (LON:NXG), formerly ICAP plc, has announced that participants in its NEX Optimisation unit, which helps clients reduce complexity and optimise resources across the transaction lifecycle, have eliminated over $1 quadrillion ($1,000 trillion) in OTC derivative notional principal using its triReduce compression service, since first introduced in 2003. triReduce is a…

Read more
June 28, 2017 BY admin

FCM Advantage Futures appoints Carlos Rodriguez as CFO

High-volume futures broker Advantage Futures announced today the appointment of financial exchange industry veteran Carlos Rodriguez as Chief Financial Officer. Mr. Rodriguez brings over two decades of industry experience to Advantage. Mr. Rodriguez will oversee all accounting and treasury functions at the firm, reporting directly to CEO Joe Guinan. Prior to Advantage, Mr. Rodriguez worked for…

Read more
Saxo Bank Istanbul Turkey forex
June 28, 2017 BY LeapRate Staff

Saxo Bank shuts Turkey FX operations, closes Istanbul office

Copenhagen based multi asset broker Saxo Bank has announced that it has decided to end operations through its Turkish subsidiary, Saxo Capital Markets Menkul Değerler A/Ş, to reduce complexity in the organization and bolster relationships with strong partners in Turkey. The company's office in Istanbul will be shut down. Saxo Bank had opened its Istanbul…

Read more
ESMA bond liquidity data
June 28, 2017 BY Valentina Kirilova

ESMA updates co-legislators on MIFID II implementation

The European Securities and Markets Authority (ESMA) shared that has sent a letter to the European Parliament, Commission and Council updating them on the implementation of ESMA’s IT projects regarding the Markets in Financial Instruments Directive (MiFID II). ESMA will deliver a specific IT infrastructure for the implementation of MiFID II on 3 January 2018.…

Read more
Hong Kong SFC
June 28, 2017 BY Valentina Kirilova

Hong Kong SFC welcomes new CEPA agreements

The Hong Kong Securities and Futures Commission (SFC) announced that has welcomed the Investment Agreement and Agreement on Economic and Technical Cooperation under the framework of the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) signed in Hong Kong today. The initiatives under the latest agreements will facilitate promotion and protection of investments between…

Read more
fca warning
June 28, 2017 BY Valentina Kirilova

FCA warns against AIG Options / CMC Options firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm AIG Options / CMC Options. AIG Options / CMC Options is not authorised by the FCA but has been targeting people in the UK and is also…

Read more
June 28, 2017 BY Valentina Kirilova

FXCM launches Market Data Signals

Retail forex broker FXCM Group, LLC announced that has launched FXCM Market Data Signals, a trading support tool offering traders powerful insights to help them find potential trading opportunities using FXCM’s proprietary Speculative Sentiment Index (SSI) along with the Grid Sight Index (GSI). FXCM Market Data Signals enable clients to stay up to speed on…

Read more
June 28, 2017 BY Valentina Kirilova

Deutsche Börse Venture Network opens up for Polish start-ups

Deutsche Börse Venture Network announced that is extending its network to Poland. The platform brings together international investors and European start-ups, enabling them to effectively fund their growth. The currently more than 140 member companies in the Venture Network have already concluded financing rounds totalling USD 1.4 billion since the platform was launched. With more…

Read more
June 28, 2017 BY Valentina Kirilova

HKEX and CESC explore new Belt & Road Index initiative

Hong Kong Exchanges and Clearing Limited (HKEX) announced that has appointed China Exchanges Services Company Limited (CESC), a joint venture of HKEX, Shanghai Stock Exchange and Shenzhen Stock Exchange, to explore a Belt & Road Index in response to the market’s interest in a barometer for the Mainland’s Belt & Road Initiative. The index would…

Read more